Alta Cecilia

Inflation Rate Philippines 2024. The latest figure is higher than the 3.7% recorded in june 2024, but lower than the 4.7% rate in july 2023, the philippine statistics authority said in a press conference on. Inflation in areas outside metro manila climbed to 4.1% in april from 3.8% in march.

Inflation eased further to 2.8 percent in january 2024 from 3.9 percent in december 2023. In september 2024, the philippines’ inflation rate dropped significantly to 1.9%, its lowest point since may 2020, according to data from the philippine statistics authority (psa).